On this day in 1976, Apple co-founder Ronald Wayne sold his 10% stake for $2,300

On April 12th, 1976, one of three co-founders of Apple Computer sold his 10% stake in the company for $2,300. Ronald Wayne says he made the “best decision with the information available to me at the time” when he chose to sell his shares in the emerging technology firm. Unlike counterparts Steve Jobs and Steve Wozniak, Wayne had capital on the line and stood to lose his assets if Apple went under. Had he retained his full stake in Apple to this day, it would currently be worth nearly $60 billion. Wayne went on to enjoy a long career as an engineer with the Lawrence Livermore National Laboratory and other firms, Wired reports, and he later opened a stamp shop before retiring

Panthers' Smith agrees to three-year extension

(Reuters) - Steve Smith, the Carolina Panthers' all-time leader in receptions and receiving yards, agreed to a three-year contract extension, the National Football League team said on Tuesday. Benefitting from the passing of rookie quarterback Cam Newton, the 32-year-old All-Pro receiver caught 79 passes for 1,394 yards and seven touchdowns last season. The 32-year-old now has 699 career receptions for 10,278 yards and 67 total touchdowns, 59 of them receiving. (Reporting by Gene Cherry in Salvo, North Carolina; Editing by Frank Pingue)

Obama hopeful for progress in 2012 (AP)

AP - President Barack Obama says Congress' eventual willingness to come together and prevent year-end tax increases makes him hopeful of more economic progress to come in 2012.

Obama hopeful for progress in 2012 (AP)

AP - President Barack Obama says Congress' eventual willingness to come together and prevent year-end tax increases makes him hopeful of more economic progress to come in 2012.